Yahoo, eBay, PayPal Create Anti-Phishing Scheme
Yahoo is collaborating with eBay and its PayPal subsidiary to block fake e-mails to Yahoo Mail users purporting to be from eBay and PayPal.
eBay and PayPal are upgrading their IT systems to support DomainKeys Identified Mail, a new e-mail sender identity authentication standard which was developed by Yahoo. DomainKeys verifies that e-mail senders are who they say they are, allowing Yahoo to block fake or unauthenticated e-mails. The technology upgrade will be made available to Yahoo Mail users worldwide over the next few weeks, Yahoo says. "It is a big step forward for consumers in defending them against the bad guys," John Kremer, vice president of Yahoo Mail, told Reuters. Along with banks, eBay and PayPal are among the brands most targeted by phishers seeking to trick consumers into divulging personal information such as credit cards or passwords. However, many of the defenses put forward by security software vendors and industry consortiums have failed to take hold with e-mail users due to their complexity or costliness, or political in-fighting over standards. As a result, individual consumers are left guessing which e-mails may be real or fake. A PayPal official says Yahoo's system provides a way of automatically detecting potential phishing attacks without relying on the consumer to do anything new. Related Links
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